Rate of Re-entry Into Employment for Retrenched Residents (Six Months Post-Retrenchment), Annual
Updated 6 months ago
MOM (Ministry of Manpower)Annual re-entry rate measures the proportion of residents who are in employment in the reference year, six months after retrenchment.
Before 2007, data refer to the proportion of residents on permanent employment who were retrenched by private sector establishments (each with at least 25 employees) and re-entered employment six months after retrenchment. From 2007 onwards, data also include the proportion of residents retrenched by the public sector. From 2010, the coverage is further expanded to include residents on term contracts who were terminated prematurely because of redundancy.
It should be noted that data on re-entry into employment are cohort-specific. Two different cohorts of workers laid off could yield a different re-entry rate depending on the profile of the workers involved. Also, the data based on administrative records do not capture workers who enter into self or informal employment or undergo training while looking for job.
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